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Published on Fri, Mar 19, 2010 at 15:29 | Source : CNBC-TV18
Updated at Fri, Mar 19, 2010 at 15:34
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Pay-for-delay ban is likely to be dropped from the US Healthcare Bill, reports CNBC-TV18. The provision was to bar out-of-court patent settlements.
The Federal Trade Commission (FTC) had sought curbs on out-of-court deals. It had proposed this provision in consumer interest.
Ranbaxy Laboratories , Lupin , Dr Reddy Laboratories , and Glenmark Pharmaceuticals are involved in patent litigations. The Healthcare Bill is to be voted over the weekend in the US Congress.
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